document.write( "Question 472925:  sam has a savings account that increased in value over a 12 month period from $8765.00 to 9006.04 he made no deposits or withdrawels in that time. what percent interest did he recieve for that 12 month period?\r
\n" );
document.write( "
\n" );
document.write( "\n" );
document.write( "a.2.75%
\n" );
document.write( "b.3.67%
\n" );
document.write( "c.9.73%
\n" );
document.write( "d.2.01% \n" );
document.write( "
| Algebra.Com's Answer #324255 by stanbon(75887)      You can put this solution on YOUR website! Sam has a savings account that increased in value over a 12 month period from $8765.00 to 9006.04 he made no deposits or withdrawels in that time. what percent interest did he recieve for that 12 month period? \n" ); document.write( "------------ \n" ); document.write( "Quantitative Gain: 9006.04-8765.00 = 241.04 \n" ); document.write( "--- \n" ); document.write( "Percent Gain: 241.04/8765 = 0.0275 = 2.75% \n" ); document.write( "------------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "====================\r \n" ); document.write( "\n" ); document.write( "a.2.75% \n" ); document.write( "b.3.67% \n" ); document.write( "c.9.73% \n" ); document.write( "d.2.01% \n" ); document.write( " \n" ); document.write( " |